Tata Consultancy Services, a leading global IT services, consulting, and business solutions organization, has launched a new transformative Digital Bank Guarantee platform, powered by the Quartz® Blockchain solution, as part of the Banking Service Bureau (BSB), operated by TCS for the digital banking industry in Israel. Bank Hapoalim, Israel’s largest bank that currently manages more…
Tag: supply chain
Coca-Cola Embraces DLT and Ethereum for Supply Chain Efficiency
The partner of Coca-Cola’s largest U.S.-based bottling company is expanding its use of blockchain to enhance efficiency across the beverage company’s supply chain. Coke One North America, or CONA, a partner of the largest United States-based Coca-Cola bottling company, will use The Baseline Protocol to enhance transparency and reduce friction in “cross-organization supply chain transactions.”…
13 Evolving And Emerging Uses For Blockchain Technology
Many consumers may have heard of blockchain technology, especially in relation to cryptocurrency. However, they may not be aware of its full potential and impact across industries. Blockchain has the potential to simplify and add greater security to data management, and since its inception, this technology has quietly been changing business processes. To get further…
Walmart and IBM Team Up To Track Shrimp Using Blockchain in Andhra Pradesh
Walmart has announced a pilot to track shrimp imports from India to the USA using blockchain technology. The retail giant plans to track shrimp imports between Andhra Pradesh, a gorgeous coastal region in India’s southeast, and U.S.-based retail warehouses, using blockchain technology developed by IBM. It will feature “end-to-end traceability,” according to a press release…
Telangana Government Unveils Draft Blockchain Policy. Proposes New Blockchain District
The Telangana Government has released its draft Blockchain policy and stated that it is likely to be finalised and implemented in a month. The finalisation would make the State the first in the country to have its own Blockchain policy. The policy aims to catapult Hyderabad to one of the top 10 ‘Blockchain Cities’ of…
Alibaba Considering Blockchain Use in Complex Supply Chain
Chinese ecommerce conglomerate, Alibaba Group, is planning to use blockchain tech in its supply chain, the company’s top executive told a Chinese daily. According to Alibaba Liu Song, vice president of Chinese e-commerce giant Alibaba Group, has said in an interview that the company is considering blockchain tech implementation for cross-border supply chains. Song’s remarks…
The 4 Weakest Links in a Blockchain
In late 2018, the CDC issued a warning about E. coli outbreaks from romaine lettuce resulting in a massive recall. Blockchain made its way into the headlines, with several experts touting it as a silver bullet for the capability to trace and link an item at the retail shelf all the way to the source…